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Sify Home >> Finance >> Economy >> Taiwan business tycoon takes on Warren Buffett

Taiwan business tycoon takes on Warren Buffett

Warren Buffett expects record crowd for AGM

 'The Oracle of Omaha'


Taipei, Taiwan: A Taiwanese business tycoon has criticized US investor Warren Buffett's decision to invest in a Chinese battery and car maker allegedly involved in stealing trade secrets.

In an interview with a Taiwanese newspaper published Monday, Terry Gou, head of Taiwanese electronics giant Hon Hai Precision Industry Co., Ltd., questioned the American investor's decision to invest in battery firm BYD Company Limited, which Hon Hai has sued for intellectual property violations.

Text: AP

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Also read: Buffett sees end to recession, uncertain on timing




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